News from Ukraine, Eastern Europe

More than 2,300 companies carried out over Hr 198 billion ($4.5 billion) in foreign trade transactions and then largely vanished, State Tax Service head Lesya Karnaukh wrote on social media. The majority — 1,243 companies — were involved in exporting goods.

Ukraine's state railway company needs to increase freight tariffs by at least 45%, the company's CEO said, as its finances deteriorate amid Russian strikes and pressure from lenders.

The Kyiv Independent’s Kateryna Hodunova speaks with Mykola Bielieskov, senior analyst at Come Back Alive and research fellow at the National Institute for Strategic Studies, about the latest developments on Ukraine’s battlefield.

"Unfortunately, as of today, even the legal groundwork for this contract has yet to be completed," Zelensky added. "I have set a final deadline: one week for all preparatory steps. I expect a report on Friday — either there is clarity on implementing our Patriot agreement, or there will be serious personnel decisions."

Sumy Oblast Governor Oleh Hryhorov said that "a targeted strike" by a Russian drone on a residential building in the Mykolaivska community took the life of a 64-year-old man and injured his 84-year-old mother.

Our community doesn't only support us, they have at times gone to incredible lengths to help Ukraine.

Viktor Orban ordered the seizure of the Ukrainian bank convoy in retaliation for the suspension of oil transit through the Druzhba pipeline, undisclosed sources told Telex.

The attack coincided with the beginning of the 2026 St. Petersburg International Economic Forum, an annual conference of business leaders and government officials hosted by Russian President Vladimir Putin.

Ukraine's Unmanned Systems Forces released footage of drones striking a Russian warship armed with guided missiles at the Kronstadt naval base near St. Petersburg.

The visit comes only a day after one of Russia's heaviest attacks killed over 20 people and injured over 100 across Ukraine.

The number includes 1,130 casualties that Russian forces suffered over the past day.

The JSC Progress Plant in Michurinsk, Tambov Oblast, produces high-tech aviation and missile control systems for Russia's military, along with equipment for gas and oil pipelines.

President Volodymyr Zelensky is expected to join leaders of the Group of Seven nations at the June 15-17 summit in Evian-les-Bains, France.